Azerbaijan, Baku, Nov.28/ Trend G.Mehdi/
Iran plans to double polymer products output to 12 million tons over the course of four years, IRIB quoted Ramezan Oladi, the deputy director of the National Petrochemical Company as saying.
"By March 2016, Iran will become self-sufficient in polymer products and will start exporting such products," he said.
New petrochemical projects have been launched, which will boost polymer production significantly, he noted.
Iran is seeking new markets for its petrochemical products. Toward this end, the National Petrochemical Company has been identifying new export targets for the past two years, and boosting exports of polymer products is on the agenda.
On April 18, NPC managing director Abdolhossein Bayat said that Iran exported $14 billion worth of petrochemical products to 60 countries during the previous Iranian calendar year (March 2011-March 2012).
He added that $10.5 billion of oil revenues will be allocated for the development of the national petrochemical industry.